At the Melbourne Cup last month, there were plenty of famous faces downing champagne while draped in expensive threads. However, one face was new. She was dressed to the nines, in an elegant number fr……
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Cornerstone IPO: Selling Shares At 400x EPS
Adding $20 million from the IPO, the net asset equals $26 million … Using other companies with assets in China and trading in the U.S., the valuation of Cornerstone seems quite absurd. ( read original…
China takes a step closer to unveiling a new stock market inspired by Nasdaq
At present, the China Securities Regulatory Commission has decision-making control over IPOs. The commission reviews an applicants’ performance in the past years and assesses their earnings potential … ( read original story …)
Tencent Battles With Alibaba For China’s E-commerce Market Plays Out In IPO of Mogu
Market battles between Chinese tech leaders Tencent and Alibaba over China’s fast-growing e-commerce market play a role in the recent U.S. $1.3 billion IPO of Chinese fashion retailer Mogu — the 38th … ( read…
China calls on Canada to free Huawei CFO or face consequences
BEIJING/OTTAWA (Reuters) – China warned Canada on Saturday that there would be severe consequences if it did not immediately release Huawei Technologies Co Ltd’s [HWT.UL] chief financial officer, call… ( read original story …)
China watchdog calls for banks to meet private sector credit demand: China Party journal
BEIJING (Reuters) – China’s banking and insurance regulator is calling for banks to meet credit demand from private firms “to the greatest possible extent”, a top journal of China’s ruling Communist P… ( read original…
China’s November export, import growth shrinks, showing weak demand
BEIJING (Reuters) – China reported far weaker than expected November exports and imports, showing slower global and domestic demand and raising the possibility authorities will take more measures … ( read original story …)
China’s Richest Woman Gets a Promotion at Property Developer Country Garden
Country Garden Holdings Co. elevated Yang Huiyan, China’s richest woman, to co-chair alongside her father, potentially giving her even more power over the nation’s largest residential developer. Yang, … ( read original story …)
BEIJING | China exports weaken ahead of US trade talks
BEIJING — China’s export growth sank in November as global demand weakened, adding to pressure on Beijing ahead of trade talks with Washington. Exports rose 5.4 percent over a year ago to $227.4 billi… (…
China’s securities watchdog approves 2 new IPOs
BEIJING, Dec. 8 (Xinhua) — China’s securities regulator has approved the initial public offering (IPO) applications of two companies. Chinalin Securities and Wuxi Shangji Automation Company will be l… ( read original story …)
China launches pioneering mission to far side of moon
BEIJING – China launched a ground-breaking mission Saturday to land a spacecraft on the largely unexplored far side of the moon, demonstrating its growing ambitions as a space power to rival Russia, t… ( read…
Canada’s envoy to Beijing briefs China on arrest of Huawei executive: Freeland
OTTAWA — Foreign Affairs Minister Chrystia Freeland says Canada’s ambassador in Beijing has briefed the Chinese foreign ministry on the arrest of a Chinese telecommunications executive in Vancouver. … ( read original story …)
Cisco’s Errant China-Travel Alert Shows Tech’s Huawei Alarm
Several attendees said their companies were considering restricting travel to China and looking to move meetings outside the country, Reuters reported. The U.S. technology industry is being roiled by … ( read original story …)
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